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Investor Relations

SEC Filings

8-K
GRAHAM HOLDINGS CO filed this Form 8-K on 05/06/1994
Entire Document
 
<PAGE>   86
their respective successors and permitted assigns, but will not be assignable
or delegable by any party without the prior written consent of the other party;
provided, however, that nothing in this Agreement is intended to limit
Purchasers' ability to (a) transfer any of the Purchased Assets following the
Closing Date or (b) assign their rights to any Affiliate of either Purchaser;
provided, however, that Purchasers will at all times remain primarily liable
for their obligations hereunder.

         10.4. Waiver.  Any party by written notice to the other parties may
(a) extend the time for performance of any of the obligations or other actions
of the other under this Agreement, (b) waive any inaccuracies in the
representations or warranties of the other contained in this Agreement or in
any document or instrument referred to in this Agreement, (c) waive compliance
with any of the conditions or covenants of the others contained in this
Agreement, or (d) waive performance of any of the obligations of the others
under this Agreement.  Except as provided in the immediately preceding
sentence, no action taken pursuant to this Agreement will be deemed to
constitute a waiver of compliance with any representations, warranties or
covenants contained in this Agreement and will not operate or be construed as a
waiver of any subsequent breach, whether of a similar or dissimilar nature.

         10.5. Entire Agreement.  This Agreement (including the Schedules and
Exhibits) supersedes any other agreement, whether written or oral, that may
have been made or entered into by any party hereto or any of their respective
Affiliates (or by any director, officer or representative thereof) relating to
the matters contemplated hereby.  This Agreement (including the Schedules and
Exhibits) constitutes the entire agreement by and among the parties hereto and
there are no agreements or commitments by or among such parties or their
Affiliates except as expressly set forth herein and therein.

         10.6. Amendments, Supplements, Etc.  This Agreement may be amended or
supplemented at any time by additional written agreements as may unanimously be
determined by Purchasers and Seller to be necessary, desirable or expedient to
further the purposes of this Agreement, or to clarify the intention of the
parties hereto.

         10.7. Rights of the Parties.  Except as provided in Article VIII or in
Section 10.3, nothing expressed or implied in this Agreement is intended or
will be construed to confer upon or give any person or entity other than the
parties hereto any rights or remedies under or by reason of this Agreement or
any transaction contemplated hereby.

         10.8. Transfers.  Each of the Purchasers and Seller will cooperate and
take such action as may be reasonably requested by





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